🚫 HACKED: BingX Exchange Suspected to Have Been Stolen

Over $27 million worth of various cryptocurrency assets on the BingX exchange have been abnormally transferred and converted into ETH in the past 4 hours. This includes:

4.44M $USDT
1.04M $WUSD
608.7K $USDC
9.38 $BTCB ($590K)
86,545 $ZRO ($369K)

Spot On Chain monitoring shows that BingX exchange is suspected to have been attacked. At present, the attacker's address holds:

7172 ETH (approximately $17.58 million)
11467 BNB (approximately $6.44 million)

BingX has temporarily maintained the platform wallet system and suspended withdrawals and other services during this period.

🚨 Security Update 🚨

At 4 AM (SGT) on Sept 20, our team detected abnormal access to the BingX hot wallet, suspecting a hacker attack. We immediately initiated an emergency response, including asset transfers and pausing withdrawals. 🔒 Only minor losses so far, and we’ve got… https://t.co/7CFsqF5W20
— BingX (@BingXOfficial) September 20, 2024